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Friday, May 29, 2026

XRP Price Breaks Above Support Level: Will Fed Liquidity Save It?

Witness the price XRP A notable downward wave, as it fell more than 3% in one day to trade at the $1.29 level. The $1.30 support zone, long considered the low point of this corrective cycle, appears to have finally broken under the weight of continued selling pressure. However, the financial expert estimates Levi Rietveld The real story isn’t in the currency charts XRPBut in the corridors of Washington.

He was raised Rietveld There have been many interactions this week following his post on the

And he believes Rietveld A coordinated expansion of liquidity in the United States, China and Europe would significantly increase the global money supply (M2), pushing capital into higher-risk assets, including cryptocurrencies. When dollars in circulation increase, investors seek returns further down the risk curve.

Whatever the Fed’s expected decisions, the price structure of the currency XRP The situation has deteriorated considerably over the past 48 hours.

Can XRP price regain $1.35 levels?

Negative sentiment of 89%, coupled with an “Extreme Fear” score (25) on the Fear and Greed Index, accurately reflects the market mood. I lost XRP About 10% of its value in the last two weeks, and it is still far from its high of $3.65.

Although trading volume has exceeded $2 billion, most of these flows are the result of massive currency sales. Technically a price break XRP The triangle/pennant pattern has lost its support point at $1.35 and is now retreating from the demand zone ($1.30 – $1.32) which was previously the start of a strong bullish surge.

The 50-day moving average also shows a continued decline, with the price reaching lows in a classic bear market structure. The $1.30 level represents the neckline of the “Head and Shoulders” pattern, and a close below could result in an 18% price decline towards the $1.12 to $1.20 area, which has already started to happen. If today’s trading closes below $1.30, that would likely confirm an extended breakout, opening downside targets to $1.20 and perhaps $1.10 if selling accelerates.

Bitcoin Hyper attracts rounding capital

Seeing an investment position bleed 10% in a single month makes traders reorganize their priorities. For those reassessing their currency exposure XRP At current levels, where the chances of a rise towards resistance at $1.60 are about 20% and the risk of a decline towards $1.10 is about the same, the risk/reward calculations seem uncomfortably equal.

This is when infrastructure projects in their early stages start to attract attention. And with Nidal XRP To recover, capital is directed toward opportunities with higher betas. Project Highlights Bitcoin Hyper ($HYPER) As one of the pre-sale projects that attract these flows.

The project bills itself as Bitcoin’s first Layer 2 with Solana Virtual Machine (SVM) integration, offering ultra-high speed and low-cost smart contract execution on top of Bitcoin’s security layer, targeting performance metrics beyond Solana itself.

The pre-sale managed to collect $32 million The current price of the token is $0.0136offering staking rewards of up to 36% per year For the first participants. The decentralized canonical bridge also enables native Bitcoin transfers within the ecosystem without the third-party risks associated with wrapped tokens. You could Search Bitcoin Hyper Before the current pre-sale phase closes.

Post-XRP Price Breaks Above Support Level: Will Fed Liquidity Save It? appeared first on Cryptonews Arabic.

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